We've already heard that the Bugatti Galibier was facing significant delays and a new report is indicating it might be axed altogether.

According to Motor Trend, Bugatti CEO Wolfgang Schreiber doesn't believe the brand can support both the Galibier and the Veyron successor. This is in stark contrast to earlier statements from Schreiber who has said the Galibier is "absolutely necessary" despite the difficulties of trying to satisfy the brand's diverse customer base.

As we have previously reported, the Galibier concept was four years ago with an 8.0-liter W16 engine that was rumored to produce 800 HP (588 kW). The model was expected to go into production as former Bugatti President Wolfgang Dürheimer expected the company to sell 1,000 to 1,500 Galibiers at a price in excess of €1 ($1.3) million each.